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You are here:
Home Massachusetts Worcester Multi-Family Homes for Sale

7 Lyon Street Worcester, MA 01604

44 Days on Boston Pads
20 Photos
$775,000
3 Unit
9 Beds
3 Baths
3260 SQFT
0.11 Acre
7 Lyon Street
Worcester, MA 01604

Property Description

Unlock a premier investment opportunity with 7 Lyon Street, a fully stabilized three-family property located just off Shrewsbury Street in Worcester. This well-maintained gem offers an excellent blend of stability, modern amenities, and strong rental potential, making it a prime addition to any investment portfolio. Situated just off the vibrant Shrewsbury Street, this property enjoys proximity to an array of restaurants, shops, and entertainment options. The location offers excellent connectivity to major highways and downtown Worcester, ensuring consistent tenant interest and high occupancy rates. For experienced investors seeking a high-performing, income-generating asset with modern updates and minimal risk, 7 Lyon Street represents a compelling opportunity. Contact us today to explore this exceptional property and see how it can fit into your investment strategy!

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 9
  • Total Full Baths: 3
  • Amenities: Highway Access, Laundromat, Park, Public Transportation
  • Basement Features: Unfinished Basement
  • Common Appliances: Dryer, Washer

Financial

  • APOD Available: No
  • Gross Operating Income: 78000
  • Net Operating Income: 78000

Utilities

  • Heat Zones: 3
  • Cooling Zones: 3
  • Electric Info: 100 Amps, Other (See Remarks)
  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Brick, Fieldstone
  • Roof Material: Rubber
  • Flooring Type: Hardwood, Vinyl
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73286416
  • Last Updated: 10/15/24

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
09/10/2024Active$775,000$238MLSPIN
09/06/2024New$775,000$238MLSPIN
07/06/2022SoldMLSPIN
06/01/2022Under Agreement$595,000$183MLSPIN
05/19/2022Contingent$595,000$183MLSPIN
05/17/2022Active$595,000$183MLSPIN
05/15/2022New$595,000$183MLSPIN
05/13/2022Active$595,000$183MLSPIN

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Map & Resources

Seven Hills Charter Public School

Charter School

0.18mi

City View School

Public Elementary School, Grades: PK-6

0.27mi

Venerini Academy

Private School, Grades: PK-8

0.44mi

Belmont Street Community School

Public Elementary School, Grades: PK-6

0.46mi

Venerini Academy

Private School, Grades: PK-8

0.47mi

Grafton Street School

Public Elementary School, Grades: K-6

0.62mi

Worcester Cultural Academy Charter Public School

Charter School, Grades: K-4

0.62mi

Saint Stephen Elementary School

Grades: 1-6

0.68mi

Brew City Grill & Brew House

Bar

0.24mi

Jeff's Place

Bar

0.29mi

Wormtown Brewery

Bar

0.32mi

Victory Bar & Cigar

Bar

0.36mi

Michael's Cigar Bar

Bar

0.71mi

The Dive Bar

Bar

0.76mi

Femme Bar

Bar

0.79mi

Whiskey Lounge

Bar

0.81mi

Saint Vincent Hospital at Worcester Medical Center

Hospital

0.5mi

UMass Memorial Medical Center - Memorial Campus

Hospital

0.55mi

UMass Memorial Medical Center - University Campus

Hospital

1.12mi

UMass Memorial Medical Center - Hahnemann Campus

Hospital

1.31mi

Family Health Center of Worcester

Hospital

1.48mi

Franklin Street Station

Fire Station

0.51mi

Worcester Fire Department

Fire Station

0.62mi

Worcester Fire Department

Fire Station

1.05mi

The Hanover Theatre Conservatory for the Performing Arts

Arts Centre

0.95mi

Upper Perrault Hall

Cinema

1.27mi

ArtsWorcester

Gallery

0.93mi

Franklin Square Salon Gallery

Gallery

0.95mi

Worcester Art Museum

Gallery

1mi

EcoTarium

Museum

0.78mi

Worcester Art Museum

Museum

0.96mi

Worcester Historical Museum

Museum

0.97mi

Fidelity Bank Worcester Ice Center

Sports Centre. Sports: Ice Hockey, Ice Skating

0.7mi

YWCA Central Massachusetts

Sports Centre

0.76mi

O'Connell Field

Sports Centre. Sports: American Football

1.29mi

Worcester YMCA Central Community Branch

Sports Centre

1.33mi

Harrington Auditorium

Sports Centre. Sports: Basketball, Volleyball

1.36mi

WPI Sports and Recreation Center

Sports Centre

1.4mi

YWCA Central Massachusetts Pool

Swimming Pool

0.78mi

Worcester YMCA Central Community Branch Pool

Swimming Pool

1.34mi

Cristoforo Colombo Park

Municipal Park

0.04mi

Bell Hill Park

Park

0.29mi

Betty Price Playground

Park

0.31mi

Holmes Field

Municipal Park

0.33mi

Green Hill Park

Municipal Park

0.54mi

Fay Street Historic District

Park

0.58mi

City Square

Park

0.65mi

Harrington Field

Municipal Park

0.74mi

Cristoforo Colombo Spray Park

Playground

0.11mi

Betty Price Playground

Playground

0.33mi

Shale St Playground

Playground

0.37mi

Plymouth St. Playground

Playground

0.85mi

Banis St Playground

Playground

0.92mi

Nature Explore

Playground

0.99mi

Piedmont Playground

Playground

1.34mi

Lakeview Playground

Playground

1.35mi

Speedway

Gas Station

0.94mi

Shell

Gas Station

1.02mi

Shell

Gas Station. Self Service: Yes

1.12mi

Speedway

Gas Station

1.18mi

Joseph's Lock & Safe co

Locksmith

0.8mi

Dumphy Memorial Library

Library

0.57mi

Homer Gage Medical Library

Library

0.64mi

Blais Family Library

Library

0.76mi

Walgreens

Pharmacy

0.67mi

CVS Pharmacy

Pharmacy

0.77mi

CVS Pharmacy

Pharmacy

1.35mi

Family Dollar

Variety Store

1.34mi

Tony's news

Convenience

0.81mi

Honey Farms

Convenience

1.04mi

Honey Farms

Convenience

1.12mi

Speedway

Convenience

1.18mi

Worcester

Framingham-Worcester

0.4mi

Seller's Representative: Benjamin Kovacs, Young Realty Group, LLC
MLS ID#: 73286416

© 2024 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2024-10-15 13:34:00

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